by admin | Jul 8, 2019 | comments
Market Update Tsys slightly higher having given up earlier gains on weakness in equities (Deutsche Bank news, Fed repricing) to trade close to lows of session, 10Y 2.03% on avg volume in TY futures (380k). Core Euro bonds higher led by 10Y UK gilts 0.695%...
by admin | Jul 5, 2019 | comments
Market Update Tsy yields higher ahead of June payrolls, 10Y 1.97% (+2bps), on avg volume in TY futures (335k). Core EGBs also lower, 10Y bund -0.39% vs -0.41% record intraday low yest. Main European data was German factory orders which declined 2.2% m/m vs -0.2%...
by admin | Jul 4, 2019 | comments
Market Update GOC yields unch with the US closed for July 4th, light volume in CGBs (50% daily avg), prices pulling back as German bunds give back some gains after rallying hard, 10Y bund reaching -0.41% below the ECB deposit rate (-0.40%) for the first time. ...
by admin | Jul 3, 2019 | comments
Market Update US tsys higher, thou prices have pulled back since early European trading , TY futures at the lows of the session despite weaker June ADP (102k vs 140k) and ahead of early close, the 10Y reached a low 1.935%, now 1.95% . Global bonds continuing to rally...
by admin | Jul 2, 2019 | comments
Market Update US tsys slightly higher on avg volume in TY futures (312k), 10Y 2.02%, S&P futures -2, crude 58.95 (-0.14). UK gilts rallying after huge miss in June construction PMI (43.1 vs 49) – worse month in more than 10 years. German bunds fell sharply...
by admin | Jun 28, 2019 | comments
Market Update Tsys trading mixed, curve slightly steeper, US 10Y 2.01% on light volume (265k TY1) as focus turns to G20 in Osaka this weekend and US/China trade negotiations. May Personal Income & spending as well as U. of Michigan sentiment scheduled for this...